In AE, when you have comps within comps, it's possible to click on a frame, and then when you open a comp from the timeline you are taken to the same point of time. This allows you to set in/out points on footage using the master comp as a reference.

Is there any way to do this in PPro (CS3 or CS4)? It seems that a sequence on the timeline is a completely unique footage item. Markers, changes of in/out points etc applied to a sequence on a timeline have no influence at all on the timeline inside that sequence. Am I right?

I found it in the livedoc:
Adobe Premiere Pro CS4 * Nest sequences (http://help.adobe.com/en_US/PremierePro/4.0/WSEC1CCB36-CFD4-4d60-ABDF-B4F9BE339B05.html#WS985998AF-07B4-4f94-A7F5-666E1EA0F42F)

Press Shift+T to open the source sequence in the Timeline panel, with the current‑time indicator at the frame you specified in the nested sequence.